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Why UTI bank converted into Axis bank?

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uti is an international bank ,suddenly it chaned that is why iam asking. The change in name was considered for avoiding confusion as several unrelated entities were using the UTI brand
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Full form of UTI bank?

UTI stands for Unit Trust of India. UTI Bank has recently been renamed to AXIS bank.

Who was the founder of UTI bank?

  The Bank was promoted jointly by the Administrator of the Specified Undertaking of the Unit Trust of India (UTI-I), Life Insurance Corporation of India (LIC), General In

What is full form of UTI bank?

In India, it was United Trust of India Bank, which has now been renamed as Axis Bank.
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When uti converted as Axis Bank?

UTI Bank was renamed as Axis Bank in April 2007 to avoid confusion with other entities of similar name. It is one of Indias largest private banks. It has over 1200 branches an